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Germany/Switzerland: HomeToGo has signed a binding agreement to acquire Interhome, a Switzerland-based company and one of the largest holiday property providers in Europe.
With around 40,000 properties in 20 countries, Interhome is part of the Migros corporation, Switzerland’s largest retail company, and has been a HomeToGo partner for more than 10 years.
HomeToGo Group, a SaaS-enabled marketplace with the world’s largest selection of vacation rentals, has agreed to a purchase price of approximately €160 million (£133.5 million), plus deferred payments of up to €90 million (£75 million).
The transaction is expected to be financed through a combination of senior loans of €75 million (£62.5 million) from UniCredit and KfW, a capital increase of the company’s equity amounting to €85 million (£71.5 million), and deferred cash payments of up to €90 million (£75 million).
As part of the same agreement, the international tourism group Dertour announced that it has signed a deal to acquire the remaining entities of Hotelplan, the Migros company that previously included Interhome.
HomeToGo announced in October last year that it was in non-exclusive talks with the Swiss holiday home firm.
Founded in 2014, HomeToGo caters to both B2C and B2B clients. With Interhome on board, the company claims it will become Europe’s largest vacation rental platform.
The Berlin-based rental company expects HomeToGo_PRO, its B2B segment, to become its primary revenue stream. Its main objectives include growing its homeowner base, increasing marketing efficiency, and improving the guest experience.
Beyond expanding its offering through the acquisition of Interhome, HomeToGo is also looking to enhance its portfolio of software and tech-enabled service solutions.
This includes further developing HomeToGo’s AI-powered marketplace technology, which aims to provide personalised travel experiences.
HomeToGo CEO Patrick Andrae said: “Using our renowned technology, we plan to unlock Interhome’s full potential and transform this already successful company into a truly tech-enabled business—maximising returns for homeowners and enhancing the guest experience. Together, we aim to establish Europe’s leading vacation rental platform.”
Michel Gruber, chairman of the Hotelplan Group board of directors, added: “We are very pleased to have found HomeToGo as the new owner for Interhome, our vacation rental management company. With their strong position, HomeToGo is well-equipped to continue driving Interhome’s successful development.”
Interhome’s existing management team is expected to remain in place, and all Interhome employees to be retained as part of the transaction.
